Brokerages Cut Targets For HKEX, Bilibili, Xiaomi And Others

Brokerages have updated ratings and target prices for a range of Hong Kong-listed and related stocks, including HKEX, Bilibili, Xiaomi, CNOOC, CATL, Chow Tai Fook Creation, New Horizon, Jushuitan, Tigermed and Sinotruk, according to ETNet. Among the changes, Citi trimmed its target for HKEX to HK$495 from HK$500 and kept a buy rating, while JPMorgan cut its target for Bilibili to HK$170 from HK$270 and maintained an overweight rating. Daiwa kept Xiaomi at HK$30 with a buy rating, and CICC lifted its target for Jushuitan to HK$23 from HK$31 while maintaining an outperform rating. Earlier updates also included target changes for WH Group, Orient Overseas, COSCO Shipping Holdings, SITC International, WuXi Biologics, WuXi AppTec, WuXi XDC Cayman, Vanke, Yuexiu Property and Miniso.